Multiple Choice
As a result of loan write-offs, Bank A has to be liquidated by the regulators. The book value of the assets and liabilities of the bank is presented below (in millions of dollars) . The market value of the loans has been estimated at $240 million. What is the cost to the CDIC if the insured depositor transfer resolution method is used by the regulators to resolve the bank failure?
A) $0.
B) $20 million.
C) $30 million.
D) $40 million.
E) $60 million.
Correct Answer:

Verified
Correct Answer:
Verified
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